Exxon Mobil (NYSE:XOM – Free Report) had its price target lifted by Jefferies Financial Group from $178.00 to $184.00 in a research note published on Thursday,Benzinga reports. The firm currently has a buy rating on the oil and gas company’s stock.
A number of other equities analysts also recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Exxon Mobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday. BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target for the company. in a report on Tuesday, February 3rd. Barclays increased their price target on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Mizuho increased their price target on shares of Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price target on shares of Exxon Mobil in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $157.85.
View Our Latest Analysis on Exxon Mobil
Exxon Mobil Stock Down 0.7%
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.67 EPS. On average, analysts forecast that Exxon Mobil will post 7.43 earnings per share for the current year.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.
Insider Buying and Selling
In related news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Exxon Mobil
Several hedge funds have recently modified their holdings of the company. ICW Investment Advisors LLC boosted its stake in shares of Exxon Mobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after purchasing an additional 69 shares during the last quarter. Fortis Capital Management LLC boosted its stake in shares of Exxon Mobil by 2.0% during the 4th quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company’s stock worth $434,000 after purchasing an additional 70 shares during the last quarter. Peoples Bank OH boosted its stake in shares of Exxon Mobil by 0.5% during the 4th quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock worth $1,804,000 after purchasing an additional 71 shares during the last quarter. Paulson Wealth Management Inc. boosted its stake in shares of Exxon Mobil by 1.0% during the 4th quarter. Paulson Wealth Management Inc. now owns 7,368 shares of the oil and gas company’s stock worth $887,000 after purchasing an additional 72 shares during the last quarter. Finally, Peirce Capital Management LLC boosted its stake in shares of Exxon Mobil by 1.7% during the 4th quarter. Peirce Capital Management LLC now owns 4,292 shares of the oil and gas company’s stock worth $516,000 after purchasing an additional 72 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Multiple Wall Street firms raised price targets and kept bullish ratings on XOM (JPMorgan, Jefferies, RBC, Wells Fargo), providing analyst support that points to double-digit upside from current levels. JPMorgan Raises Price Target
- Positive Sentiment: Exxon said higher oil and gas prices related to the Middle East conflict could boost Q1 upstream results by up to $2.9B, a clear earnings tailwind if prices hold. Exxon Signals Q1 Upstream Profit Bump
- Positive Sentiment: Analyst model updates (Erste raising FY2026/FY2027 EPS estimates) suggest consensus earnings could move higher, supporting valuation resilience over time.
- Neutral Sentiment: Planned spring and year‑end overhauls at the Beaumont, TX refinery are routine operational items — they can pressure near‑term throughput but are standard maintenance for a large refinery. Beaumont Refinery Overhauls
- Neutral Sentiment: Options-market activity has risen amid unusual volatility, creating trading opportunities but also wider implied volatility that can complicate hedging or income strategies. Options Become Lucrative Amid Volatility
- Negative Sentiment: The market reaction to a two‑week U.S.–Iran ceasefire drove a sharp rollback in crude (reports of a ~16% swing), which removed the oil-price support that had lifted XOM — this is the biggest immediate negative for the stock today. Oil Prices Crash on Iran Ceasefire
- Negative Sentiment: Exxon disclosed roughly 6% of global production was shut due to Middle East disruptions (Qatar/UAE impacts), and the company warned of near‑term upstream/downstream hits — these operational losses weigh on Q1 guidance and near‑term earnings visibility. 6% Output Shut on Mideast Conflict
- Negative Sentiment: Intraday momentum reversed: XOM initially rallied with oil on Middle East tension but gave back gains once crude retraced and market sentiment rotated away from an energy‑shock scenario. Stock Reverses as Oil Rally Loses Steam
About Exxon Mobil
Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
Featured Articles
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
